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Note 12 LINES OF CREDIT AND OTHER SECURED BORROWINGS (Tables)
 3 Months Ended
Mar. 31, 2012
Schedule of Line of Credit Facilities [Table Text Block]
                Unused   Balance Outstanding
Borrowings   Collateral   Interest Rate   Maturity   Borrowing
Capacity 		  March 31,
2012 		  December 31,
2011
                         
Servicing:                        
Senior secured term loan (1)     (1)     1-Month LIBOR + 550 bps with a LIBOR floor of 1.50% (1)       Sept. 2016     $ —     $ 494,426     $ 546,250  
Financing liability – MSRs pledged (2)     MSRs (2)       (2)     (2)     —       61,674       —  
                              —       556,100       546,250  
 Corporate Items and Other                                                
Securities sold under an agreement to repurchase (3)     Ocwen Real Estate Asset Liquidating Trust 2007-1 Notes       (3)     (3)     —       4,265       4,610  
                                      560,365       550,860  
Discount (1)                             —       (9,747 )     (10,491 )
                            $ —     $ 550,618     $ 540,369